#TrumpTariffs
U.S. President Donald Trump said on Wednesday that he would send messages to major economies to outline planned trade tariffs in the coming weeks, ahead of the July 9 deadline for reaching trade agreements with his administration.
"At some point, we will send messages saying 'this is the deal,' you can accept it or reject it," Trump told reporters at the Kennedy Center.
"We will send messages in about a week and a half to two weeks to inform them what the deal is."
Trump stated that talks are ongoing with Japan, South Korea, and about 15 other countries.
It was unclear whether Trump would adhere to his deadline for tariffs, as the president has previously set trade deadlines of two to three weeks that either passed without action or were extended further.
When asked if he was willing to extend his July 9 deadline for trade talks, Trump said, "I will do that, but I don't think we will have to."
The "Liberation Day" tariffs announced by Trump are set to take effect in early July, after the president initially unveiled them in April but announced a 90-day extension for trade talks. The president has threatened to impose high tariffs on the United States' major trading partners unless they agree to a trade deal with the country.
So far, the Trump administration has only signed a trade agreement with the United Kingdom.